document.write( "Question 768947: Last year, Melissa had to $30000 invest. She invested some of it in an account that paid 6% simple interest per year, and she invested the rest in an account that paid 9% simple interest per year. After one year, she received a total of $1980 in interest. How much did she invest in each account? \n" ); document.write( "
Algebra.Com's Answer #468635 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Part I 6.00% per annum ------------- Amount invested =x \n" ); document.write( "Part II 9.00% per annum ------------ Amount invested = y \n" ); document.write( " 30000 \n" ); document.write( "Interest----- 1980.00 \n" ); document.write( " \n" ); document.write( "Part I 6.00% per annum ---x \n" ); document.write( "Part II 9.00% per annum ---y \n" ); document.write( "Total investment \n" ); document.write( "x + 1 y= 30000 -------------1 \n" ); document.write( "Interest on both investments \n" ); document.write( "6.00% x + 9.00% y= 1980 \n" ); document.write( "Multiply by 100 \n" ); document.write( "6 x + 9 y= 198000.00 --------2 \n" ); document.write( "Multiply (1) by -6 \n" ); document.write( "we get \n" ); document.write( "-6 x -6 y= -180000.00 \n" ); document.write( "Add this to (2) \n" ); document.write( "0 x 3 y= 18000 \n" ); document.write( "divide by 3 \n" ); document.write( " y = 6000 \n" ); document.write( "Part I 6.00% $ 24000 \n" ); document.write( "Part II 9.00% $ 6000 \n" ); document.write( " \n" ); document.write( "CHECK \n" ); document.write( "24000 --------- 6.00% ------- 1440.00 \n" ); document.write( "6000 ------------- 9.00% ------- 540.00 \n" ); document.write( "Total -------------------- 1980.00 \n" ); document.write( " \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " \n" ); document.write( " |